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Standard vs Itemized Deduction
Turbo Tax recommends the standard deduction (said $27,800) for my return. This generated a refund of $8900 ($2700 Fed and $6200 state). Using itemized deduction generates a refund of $13,850 ($6700 Fed and $7150 state). What is up with the Turbo Tax recommendation?
March 9, 2022
1:04 PM